1.88 trillion yuan! In the first three quarters, China's cross-border e-commerce continued to "accelerate"

Release time : 2024-10-21

The latest preliminary estimate data of the General Administration of Customs shows that in the first three quarters of 2024, China's cross-border e-commerce imports and exports reached 1.88 trillion yuan, an increase of 11.5%, which is 6.2 percentage points higher than the overall growth rate of China's foreign trade in the same period. Among them, the export was 1.48 trillion yuan, up by 15.2%; Imports totaled 399.16 billion yuan, down 0.4%.

In recent years, China has successively launched a series of policy measures, including the establishment of cross-border e-commerce comprehensive pilot zones, improving and expanding the positive list of cross-border e-commerce retail imports, and constantly innovating cross-border e-commerce customs clearance supervision, so as to promote cross-border e-commerce to become a new driving force for foreign trade growth.

Cross-border e-commerce import and export data are widely concerned. Lu Daliang, director of the Statistical Analysis Department of the General Administration of Customs, introduced at the press conference that according to China's cross-border e-commerce statistical investigation system, the frequency of cross-border e-commerce statistical investigation is twice a year. In order to track and monitor the latest developments of cross-border e-commerce trade in a timely manner, the General Administration of Customs will also conduct a preliminary estimate every month.

From the point of destination and origin, in the first half of the year, China's cross-border e-commerce exports to the United States accounted for 34.2%, the United Kingdom accounted for 8.1%, Germany accounted for 6.2%, France accounted for 4.5%, Malaysia, Singapore, Thailand, Vietnam, Japan and other Asian markets export performance is also more active. Imports from the United States accounted for 16.7%, Australia accounted for 11.3%, Japan accounted for 10.6%, Germany, France, New Zealand and other major sources of imports.

From the perspective of commodity structure, in the first half of the year, China's cross-border e-commerce exports of clothing, shoes and jewelry accounted for 27.3%, mobile phones and other electronic products accounted for 14.4%, and home textiles accounted for 12.4%. Among the imports, cosmetics and toiletry products accounted for 28.8% and fresh food accounted for 25.2%. From the perspective of the domestic region, the export goods are mainly from Guangdong, Zhejiang, Fujian and Jiangsu, and the imports are mainly concentrated in Guangdong, Jiangsu, Zhejiang, Shanghai and Beijing.

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